The expression price *= rate + 1 is equivalent to the expression ____.

A) price = price (rate + 1)
B) price = price rate + 1
C) price = (price rate) + 1
D) price = price ^ (rate + 1)

Equivalent Expression

Expressions that are different in form but yield the same result under the same conditions.

Price *=

The "Price *=" operator is used in programming to multiply the variable on the left by the value on the right and then assign the result back to the variable on the left.